Brookfield Property Preferred L.P. (NASDAQ:BPYPM – Get Free Report) announced a quarterly dividend on Tuesday, April 28th, NASDAQ Dividends reports. Stockholders of record on Monday, June 1st will be given a dividend of 0.3906 per share on Tuesday, June 30th. This represents a c) annualized dividend and a dividend yield of 9.0%. The ex-dividend date is Monday, June 1st.
Brookfield Property Preferred Stock Up 0.3%
BPYPM stock opened at $17.45 on Friday. The firm’s fifty day simple moving average is $16.70 and its 200-day simple moving average is $16.07. Brookfield Property Preferred has a 12 month low of $14.89 and a 12 month high of $17.90.
Brookfield Property Preferred Company Profile
Brookfield Property Preferred (NASDAQ:BPYPM) represents the Series M cumulative redeemable preferred units of Brookfield Property Partners L.P., a publicly traded real estate investment platform and subsidiary of Brookfield Asset Management. These preferred units confer a fixed quarterly dividend and hold priority over common equity distributions, offering investors a stable income profile backed by a diversified real estate portfolio.
Brookfield Property Partners acquires, develops, manages and renovates commercial real estate assets across a range of sectors, including office, retail, multifamily, industrial logistics, hospitality and data centers.
Featured Articles
- Five stocks we like better than Brookfield Property Preferred
- MongoDB’s AI Advantage Is Starting to Show Up in Results
- MarketBeat Week in Review – 05/25 – 05/29
- Shares Fall, Targets Rise—Markets and Analysts Diverge on Synopsys
- Salesforce Stock Finds Support as AI Momentum Builds
Receive News & Ratings for Brookfield Property Preferred Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Brookfield Property Preferred and related companies with MarketBeat.com's FREE daily email newsletter.
